Employer Assisted Housing (EAH) is an employer provided benefit that helps employees with their housing needs and improve the home buying or renting process for employees. At the same time EAH adds value to the employer. It is a cost effective way to help improve employee recruitment, retention, productivity, and morale, thereby improving the employer’s bottom-line.

1. Green Realtech Projects Pvt. Ltd
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2.  Introduction to EAH ---------------------------------------------------------- 3
 Benefits to Employers ----------------------------------------------------- 4
 Benefits to Employees -----------------------------------------------------5
 Section 1: Typical Employer Assisted Housing (EAH) Benefits --- 6
 Section 2: Structuring an EAH Plan – Four Steps
 Step 1: Conducting a Needs Assessment ---------------------------- 7
 Step 2: Developing the EAH Employee Benefit Plan ------------- 8
 Step 3: Announcing the EAH Employee Benefit Plan ------------ 9
 Step 4: Implementing the EAH Employee Benefit Plan -------- 10
 Conclusion --------------------------------------------------------------------- 11
 Contact Us-----------------------------------------------------------------------12
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3.  Employer Assisted Housing (EAH) is an employer
provided benefit that helps employees with their
housing needs and improve the home buying process
for employees. At the same time EAH adds value to the
employer.
 A cost effective way to help improve employee
recruitment, retention, productivity, and morale,
thereby improving the employer’s bottom-line.
 An EAH can be a win – win – win situation for 3 “E”s,
namely Employer, Employee, and local Economy.
 An EAH Plan can be customized as per the employers
and employees needs.
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4.  Recruitment – sets a company apart in attracting the best talent.
 Retention – Motivates employees to stay.
 Reduced Commuting – employees can be encouraged to live
closer to work.
 Relationships – stronger customer relationships with highly
motivated employees.
 Return – company’s financial statements can be strengthened.
 Recognition – enhances company’s reputation as the employer to
work for.
 Reduced Cost of homes – employees gets homes at comparatively
lower costs.
 Revitalization – more disposable income of employees help
revitalize the economy and neighborhoods.
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5.  Hassle free home purchase process with professional advice on
financing, valuation, investment, and tax issues.
 Reduced cost of homes than if an employee were to buy
individually.
 Security of availing home with predefined quality standards and
on time delivery by builders/developers.
 Investment in a home with possible equity appreciation over time.
 Realization of dream of homeownership.
 Enhanced lifestyle associated with homeownership, such as
greater community, recreational, and school involvement and
quality of life.
 Increased job satisfaction and loyalty to employer.
 Possibility of reducing commuting time to office from home.
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6. Benefit Type Benefit Description Targeted Employees Employer Cost
Just a Facilitating Service:
Employees pay for the Houses
Employer facilitate the whole
process of home buying for its
employees in consultation with
professional real estate
agencies/consultants All Employees
None. However, HR Staff time is
required to promote the service
Repayable Loan or Grant
Cash loan or grant that must be
repaid, usually over time or at a
deferred date
Employees with insufficient funds for
down payment or closing costs
Small administrative expenses may be
the only costs because the employer
gets cash back when the grant or loan
is repaid
Matched Savings Grant/Marginal
Financing
Cash grant that matches
employee savings, given to
employees who have served the
company for a certain minimum
number of years
High turnover employee groups; used
to help retain employees and reduce
turnover costs
Usually, grant amount is less than the
cost of employee leaving the company
and being replaced. The net result is
either no cost or a positive return
Forgivable Loan or Grant
Cash loan or grant that does not
have to be repaid if the
employee remains at least until
the time when the loan is
forgiven
High turnover employee groups; used
to help retain employees and reduce
turnover costs. Also helps recruits
employees if offered at hiring
Usually, forgiveness is timed so that
the amount forgiven is less than the
cost of employee leaving the company
and being replaced. The net result is
either no cost or a positive return
Upfront Grant
Cash gift that does not have to
be repaid Hard to recruit employees
Considered to be part of the cost of
recruitment, like a hiring bonus
Rent Subsidies
Interest free initial deposit
payment Relocated Employees
Employer gets the refund of initial
deposit when an employee vacates the
house. Interest component on the
deposit is the only cost to employer
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7.  Needs assessment can be conducted by asking the following
questions:
 What are the employer’s recruitment and retention goals?
 Are there specific recruitment or retention issues or priorities for
certain
 Employee groups?
 Job levels?
 Tenure periods?
 Job locations?
 What are the employees housing needs? Are most of the employees
homeowners? Are employees happy with current home buying
process?
 Are there other goals to be addressed, such as
 Reducing commuting time,
 Promoting home-ownership among first time home buyers
 Making homeownership more affordable, other goals. 7

8.  Typical tasks that can be involved in developing an
EAH Plan include:
 Discussing the EAH benefit program with the team and senior
management.
 Getting approval from senior management.
 Identifying staff to manage the EAH benefit program in
consultation with external professional real estate consultants.
 Depending on which EAH option is offered, establishing
appropriate procedures, such as:
 Logistics for Just a facilitating service (employees pay for the
houses)
 Loan origination and servicing if the benefit being offered is
a loan
 Accounting, payroll, and/or servicing for some financial
EAH options. 8

9. Announcement HR department makes an announcement of
the EAH Plan to all its employees (notice board, emails, etc.).
Relevant data with regard to housing preferences, budget,
location, size, other information is collected from interested
employees by HR department or by Green Realtech Projects Pvt.
Ltd.
Requirements Analysis After complete due diligence, the
best possible solution is presented along with detailed valuation,
investment, financing, and tax analysis.
Discussion and counseling with targeted employees takes
place to clarify any doubts.
Finalization The deal is finalized and regular updates with
regards to quality and delivery of construction are provided.
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10. Builders/Developers
Banks, Financing
Companies
Provides due
diligence,
valuation,
investment, and
financing analysis
Employer Employees
Green Realtech Projects Pvt.
Ltd
Offer EAH Plan to
Government Bodies
Legal
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11.  Developing an EAH plan for employees is similar to
creating other employee benefits plan. However, an
employer should take notice of the following key
points:
 There are many choices of what type of EAH benefit can be
offered. The variety ensures that, employees at different job
level can be considered for EAH plan.
 An EAH plan can help an employer achieve other workforce
related goals such as family issues, work-life balance,
relocation, expatriate management.
 An employer can call on external partners to help create this
benefit in a way that best achieves its objectives.
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12. Improving the bottom line & opening the doors to Homeownership for
Employees
Contact us for EAH Plans or Rental Housing Assistance plans for your
employees
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Green Realtech Projects Pvt. Ltd
www.nirrtigo.com | 2015 © All rights reserved
Research | Strategy | Development